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Legislative updates and editorial columns from the surety experts at JW Surety Bonds; the largest surety bond company in the U.S.

Wyoming Rental Vehicle Agency Bond




WyomingA new law was presented concerning vehicle rental agencies within the State of Wyoming. The new law is named SB 57 and produces a penalty for rental vehicle agencies failing to present the required reports detailing all collected surcharge fees or if the agency was functioning without a valid rental vehicle agency certificate. These violations now oblige the agency to attain a surety bond in the quantity of $25,000, or 150% of the amount in which the rental agency is delinquent, whichever is more. The surety bond has to written by a State licensed surety company and must guarantee the payment of delinquent fees and the return of certificates. A surety bond may be required from agencies with certificates that have been canceled or for any infringements of the applicable legislation as a circumstance of licensure in subsequent applications.


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